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Seven Bank (TSE:8410) Cyclically Adjusted PB Ratio : 1.37 (As of Jun. 10, 2024)


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What is Seven Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Seven Bank's current share price is 円261.50. Seven Bank's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円190.50. Seven Bank's Cyclically Adjusted PB Ratio for today is 1.37.

The historical rank and industry rank for Seven Bank's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:8410' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.63   Max: 3.29
Current: 1.37

During the past years, Seven Bank's highest Cyclically Adjusted PB Ratio was 3.29. The lowest was 1.37. And the median was 1.63.

TSE:8410's Cyclically Adjusted PB Ratio is ranked worse than
76.97% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs TSE:8410: 1.37

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Seven Bank's adjusted book value per share data for the three months ended in Dec. 2023 was 円235.871. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円190.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seven Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Seven Bank's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Seven Bank Cyclically Adjusted PB Ratio Chart

Seven Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 1.65 1.45 1.48 -

Seven Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 1.55 1.66 1.57 -

Competitive Comparison of Seven Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Seven Bank's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Seven Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Seven Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Seven Bank's Cyclically Adjusted PB Ratio falls into.



Seven Bank Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Seven Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=261.50/190.5
=1.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Seven Bank's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Seven Bank's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=235.871/106.8000*106.8000
=235.871

Current CPI (Dec. 2023) = 106.8000.

Seven Bank Quarterly Data

Book Value per Share CPI Adj_Book
201403 128.810 95.700 143.750
201406 129.581 98.000 141.217
201409 134.757 98.500 146.112
201412 137.479 97.900 149.977
201503 142.621 97.900 155.587
201506 143.584 98.400 155.841
201509 149.406 98.500 161.996
201512 150.599 98.100 163.955
201603 155.138 97.900 169.241
201606 154.860 98.100 168.594
201609 159.335 98.000 173.643
201612 160.423 98.400 174.118
201703 167.058 98.100 181.874
201706 167.314 98.500 181.413
201709 172.872 98.800 186.870
201712 174.154 99.400 187.119
201803 178.061 99.200 191.703
201806 177.130 99.200 190.700
201809 172.309 99.900 184.210
201812 173.924 99.700 186.310
201903 178.642 99.700 191.364
201906 178.262 99.800 190.765
201909 182.485 100.100 194.699
201912 183.550 100.500 195.056
202003 187.964 100.300 200.145
202006 187.901 99.900 200.879
202009 193.783 99.900 207.167
202012 194.281 99.300 208.955
202103 198.404 99.900 212.108
202106 198.062 99.500 212.593
202109 202.691 100.100 216.258
202112 201.701 100.100 215.201
202203 206.329 101.100 217.962
202206 206.223 101.800 216.352
202209 212.122 103.100 219.735
202212 211.933 104.100 217.430
202303 213.241 104.400 218.143
202306 212.688 105.200 215.923
202309 237.833 106.200 239.177
202312 235.871 106.800 235.871

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Seven Bank  (TSE:8410) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Seven Bank Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Seven Bank's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Seven Bank (TSE:8410) Business Description

Industry
Traded in Other Exchanges
Address
6-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Seven Bank Ltd is a Japan-based business bank. It operates a network of ATMs in partnership with financial institutions across Japan. The company's business segments include the ATM Services segment and the Financial Services segment. The ATM Services segment, provides deposits, withdrawals, and bank transfers at more than 22,000 Seven Bank ATMs nationwide using the cards of more than 590 partner institutions. The Financial Services segment provides convenient account-related services, such as ordinary deposits, time deposits, personal loans and international money transfers, which are accessible from not only Seven Bank ATMs but also personal computers and smartphones. Also, the company provides ATM services overseas and back-office support on commission through its subsidiaries.

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